SOURCE: EVOLVING SYSTEMS

Evolving Systems

September 14, 2016 07:00 ET

Evolving Systems Selected to Optimize Customer Acquisition and Activation for Southern African Mobile Carrier

Leading Operator in Growing Market Selects Company's Solution as Part of Initiative to Deliver the Best Customer Experience Throughout the Customer Lifecycle

Third New Customer Win in 2016 With Global Network Equipment Partner

ENGLEWOOD, CO--(Marketwired - Sep 14, 2016) - Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time activation, analytics and marketing for connected mobile devices worldwide, today announced a new customer order for customer acquisition and activation solutions at a leading operator in Africa that is also part of a large European carrier group.

The Evolving Systems Solutions Suite addresses customer engagement from acquisition through usage, upgrade and retention. This new customer is the largest in a growing market, and the solution will enable them to accelerate the addition of customers and to maintain their market leading position.

"We are delighted to announce this further new customer for our Customer Acquisition and Activation solutions and to be supporting this market leading carrier in their continued growth, which is driven by providing the best possible customer experience from the first interaction with the network," said Thomas Thekkethala, Chief Executive Officer of Evolving Systems. "We are also pleased to close our third new customer in 2016 in partnership with a global communications equipment and services company, which is positioning our solutions as part of its wide portfolio to deliver increased value to mobile carriers worldwide."

About Evolving Systems®
Evolving Systems, Inc. (NASDAQ: EVOL) is a provider of software and services to 75 network operators in over 50 countries worldwide. The Company's portfolio includes market-leading subscriber service, SIM card and mobile broadband activation of connected devices and real-time analytics and marketing solutions to monetize mobile network services and consumer behavior. Founded in 1985, the Company has headquarters in Englewood, Colorado, with offices in the United States, United Kingdom, India, Malaysia and Romania. For more information please visit www.evolving.com or follow us on Twitter http://twitter.com/EvolvingSystems

CAUTIONARY STATEMENT
This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, based on current expectations, estimates and projections that are subject to risk. Specifically, statements about the impact and ability of the solution described in this press release to handle future needs of customers are forward-looking statements. These statements are based on our expectations and are naturally subject to uncertainty and changes in circumstances. Readers should not place undue reliance on these forward-looking statements, and the Company may not undertake to update these statements. Actual results could vary materially from these expectations. For a more extensive discussion of Evolving Systems' business, and important factors that could cause actual results to differ materially from those contained in the forward-looking statements, please refer to the Company's Form 10-K filed with the SEC on March 15, 2016; Forms 10-Q, 10-Q/A, 8-K and 8-K/A; press releases and the Company's website.

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